International Distributions Services Share News (IDS)

Workers at IDS unit Royal Mail to vote amid pay, conditions dispute

(Alliance News) - Workers at International Distributions Services PLC's Royal Mail will hold a series of meetings on Tuesday to vote on whether they have confidence in the company's chief executive ahead of fresh strikes in a long-running dispute over pay, jobs and conditions.

Berenberg lowers target price on International Distributions Services

(Sharecast News) - Analysts at Berenberg lowered their target price on postal service operator International Distributions Services from 480.0p to 370.0p on Friday but said the company's recent first-half results offered "limited" comfort to shareholders.

LONDON BROKER RATINGS: Goldman Sachs raises Tritax Big Box to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

LONDON BRIEFING: UK retail sales are better than forecast in October

(Alliance News) - Stock prices in London were called to open slightly higher on Friday, while new data showed UK retail sales performed better than expected last month.

Royal Mail workers to strike on Christmas Eve

(Sharecast News) - Royal Mail workers are to extend industrial action to include Christmas Eve, it emerged on Friday, the latest salvo in a long-running dispute over jobs, condition and pay.

Christmas Eve among more strike dates announced for Royal Mail workers

(Alliance News) - Workers at International Distributions Services PLC's Royal Mail are to stage six fresh strikes next month, including on Christmas Eve, in the long-running dispute over pay, jobs and conditions.

TOP NEWS: IDS may split-off Royal Mail, asks to cut delivery days

(Alliance News) - International Distribution Services PLC, the company formerly known as Royal Mail, on Thursday threatened to leave its strike-ridden UK letter carrying operation to fend for itself, separating it from its more successful international parcel arm.

LONDON MARKET OPEN: Pound stronger ahead of UK budget; stocks mixed

(Alliance News) - Stocks in London were mixed at the open on Thursday, but sterling was rising, ahead of the long-awaited autumn budget from UK Chancellor Jeremy Hunt.

LONDON BRIEFING: Halma boasts record interim revenue; IDS suffers loss

(Alliance News) - Share prices in London are set to open lower on Thursday, ahead of the UK government's autumn budget statement.

Royal Mail parent swings to H1 loss on weak parcel volumes, pay dispute

(Sharecast News) - Royal Mail owner International Distributions Systems swung to a half-year loss, blaming weak parcel volumes and strikes at the UK postal carrier, and also axed its interim dividend.

Sunday newspaper round-up: Business rates, Morrisons, Royal Mail

(Sharecast News) - The Chancellor will most likely not include business rates relief in his autumn statement this week. Insiders in the government have signalled that Jeremy Hunt will not give into calls to delay the uprating of business rates nor to extend relief from the tax. They are set to rise in line with consumer prices which as of September had jumped by 10.1% year-on-year. Business rates are also expected to be revalued in order to reflect changes in the rental market. According to the Confederation of British Industry, that could saddle the retail sector with increases of as much as 25% over the next two years. - The Sunday Times

UK earnings, trading statements calendar - next 7 days

Black Friday, Cyber Monday woe as Royal Mail workers plan strike

(Alliance News) - Royal Mail workers will stage two 48-hour strikes around Black Friday and Cyber Monday in an escalating row over pay, jobs and conditions.

LONDON MARKET CLOSE: Weaker pound, banks and IAG help FTSE outperform

(Alliance News) - London's FTSE 100 ended solidly higher on Monday, closing out the month strongly despite trepidation elsewhere in global markets, as investors look forward to a key week for monetary policy.

Royal Mail tables new pay offer in bid to end strikes

(Sharecast News) - Royal Mail has proposed a new offer aimed at resolving a dispute over pay and conditions, company officials said on Monday.